NOT LISTED FOR SALE

4808 Cornell Ave Downers Grove, IL 60515

Estimated Value: $1,458,000 - $1,557,000

5 Beds
3.5 Baths
4,277 Sq Ft
$353/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $1,315,000 $307 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,831/month

7 Days on Market

Highlights

  • Family Room with Fireplace
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Pierce Downer Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Hoopers Hollow Park

About This Home

As of July 2024

Experience the perfect blend of convenience and luxury in Downers Grove's coveted Pierce Downers school district. This is a true destination neighborhood. Just minutes away from all three schools (elementary, jr high and high school), two Metra train stations and all the amenities downtown Downers Grove has to offer. This 5 bedroom 3.5 bathroom home features a light-filled interior flowing floor plan that greets you with a 2-story entryway. The heart of the home is the kitchen, featuring granite countertops, stainless steel appliances and island seating, complemented by a separate breakfast nook for casual dining. The kitchen flows seamlessly into the living room, which features a wet bar and fireplace for cozy gatherings. Additional main floor amenities include 9' ceilings, gleaming hardwood floors, an office with a wall of windows overlooking the yard, a laundry/mud room, powder room and dining room, perfect for hosting family & friends. Upstairs, the expansive primary bedroom boasts a walk-in closet, and attached master bath with dual sink vanity, make up area and another walk-in closet. Four additional generously-sized bedrooms can be found on the second floor, including one with an en suite bathroom and walk in closet. Every room has great natural light from east/west facing windows. A full unfinished basement with bathroom rough-in offers endless potential for storage or future expansion. Outside, you'll enjoy the deep 60 x 220 fully fenced yard with its paver patio deck and lush professionally landscaped setting, perfect for outdoor entertaining. An attached 3-car garage with epoxy flooring rounds out the home. With easy access to expressways, restaurants and shopping, this house won't last long. Quick close possible!

Last Agent to Sell the Property

Bryan Bomba

@properties Christie's International Real Estate License #475100968 Listed on: 06/03/2024

@properties Christie's International Real Estate

Last Buyer's Agent

George Simic

john greene, Realtor License #475166544

john greene, Realtor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,542

Year Built

  • Built in 2002

Lot Details

  • 0.3

Parking

  • 3 Car Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 4,277 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Double Oven
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Rough-In Basement Bathroom

Schools

  • Pierce Downer Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Brick Porch or Patio
  • Lot Dimensions are 60x220

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,542

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2002
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Wine Refrigerator, Cooktop, Down Draft
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Laundry
  • LivingArea: 4277
  • Other Equipment: Sump Pump, Backup Sump Pump;
  • Room Type: Office, Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Bathroom Rough-In
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Basement
  • Square Footage Comments: Square footage per assessor. Above Grade: 4,277. Unfinished basement provides an additional 2,035 of finishable space
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • List Price: 1250000
  • Waterfront: No
  • Exterior Building Type: Cedar,Stone

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Pierce Downer Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X220
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 20542.3
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jul 8, 2024
Sold by
Faldetta Carl D and Faldetta Christine R
Bought by
Kratzmeyer John and Kratzmeyer Ridhi
Seller's Agent
Bryan Bomba
@properties Christie's International Real Estate
Buyer's Agent
George Simic
john greene, Realtor
List Price
$1,250,000
Sold Price
$1,315,000
Premium/Discount to List
$65,000
5.2%
Views
7
Current Estimated Value
$1,509,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,437
Avg. Annual Appreciation
11.66%

Purchase Details

Closed on
Jun 15, 2011
Sold by
Tully Martin T and Tully Shannon L
Bought by
Faldetta Carl D and Faldetta Christine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2002
Sold by
Davis Peggy A
Bought by
Tully Martin T and Tully Shanon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.22%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Wills Mary E G and Wills Mary Emily Genevieve
Bought by
Davis Peggy A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kratzmeyer John $1,315,000 None Listed On Document
Faldetta Carl D $745,000 Ctic
Tully Martin T $740,000 --
Davis Peggy A $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faldetta Carl D $200,000
Previous Owner Tully Martin T $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold $1,315,000 +5.2% $307 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $1,250,000 -- $292 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,562 $384,624 $83,064 $301,560
2023 $20,542 $353,580 $76,360 $277,220
2022 $19,351 $334,800 $72,310 $262,490
2021 $18,118 $331,000 $71,490 $259,510
2020 $17,790 $324,440 $70,070 $254,370
2019 $17,242 $311,300 $67,230 $244,070
2018 $16,855 $300,900 $66,840 $234,060
2017 $16,336 $289,550 $64,320 $225,230
2016 $16,033 $276,340 $61,390 $214,950
2015 $15,886 $259,990 $57,760 $202,230
2014 $15,579 $247,680 $51,050 $196,630
2013 $15,264 $246,520 $50,810 $195,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12067396

Midwest Real Estate Data (MRED)

APN: 09-07-106-042